On March 15, 2021, the SEC issued a request for public input on the Commission’s rules and guidance regarding climate change and ESG disclosures. This request signals an inflection point and an important opportunity. We encourage those in the Predistribution Initiative (PDI) community to respond to the SEC’s inquiry with your feedback on why mandatory […]
Read More… from Toolkit For Developing Responses to The SEC Comment Period On Climate & ESG Disclosure
While data suggests that the ESG and impact investing markets are growing rapidly, concerns abound about how financial services firms are measuring and managing their ESG and impact investing performance, writes Delilah Rothenberg. […]
Read More… from Top1000funds.com: New benchmarks for ESG accountability
“The COVID-19 recession has prompted states to offer vast amounts of financial support to firms and households. When combined with steps that central banks have taken in response to the financial crisis of 2008, the bailout is so large that it has ushered in what Sebastian Mallaby, writing in the July/August 2020 issue of Foreign […]
Read More… from Foreign Affairs: Hocus-pocus? Debating the age of magic money new magicians, same old tricks
Denise Hearn argues that investors’ interests may not always be aligned with those of society, and questions assumptions around win-win dynamics […] “Stakeholder capitalism proponents must be willing to sit with these inherent tensions and contradictions. They must also be willing to challenge corporate power, not simply create endless new product mixes that do not […]
Read More… from Responsible Investor: The strange success logic of stakeholder capitalism
Responsible investors need to take into account how fund management and investment structures may be exacerbating wealth and income disparities, as well as systemic market risk writes Raphaele Chappe and Delilah Rothenberg. […]
Read More… from Top1000funds.com: A more thoughtful private equity model
The Predistribution Initiative shares updates on its policy & economic outlook given COVID-19. Click here for more info. […]
Read More… from The rising influence of private equity in COVID-19 and materiality of systemic social and governance risks
This article is part of Business & Human Rights Resource Centre’s Rethinking Corporate Governance blog series. “Are investors well-positioned to represent human rights interests? This is core to a debate about new models of ‘stakeholder capitalism,’ particularly given last year’s Business Roundtable’s statement on corporate purpose. As Paul Rissman points out in a prior blog in this series, “One […]
Read More… from Business & Human Rights Resource Centre: Here’s how stakeholders can engage effectively to build a new corporate model